2023-03-31-accounts

Objecti	v	es and	Activ	iti	es
					SORP reference
Summary		ofthe purposes		of		In the interest ofsocial welfare, to improve
the charity		as set out	in its			the	conditions of life for the inhabitants	of
governing		document				Barnstaple without distinction of political,
						religious or other opinions by the provision
						and	maintenance ofa ark.
Summary ofthe main activities in relation to those					Para 1.17and 1.19	~	Provision and maintenance of: o parkland for leisure purposes
purposes		for the public					o a children's play area
benefit,	in	particular,	the				o adult gym equipment
activities,		projects or					o public toilets
services	identified in		the				o sports pitches
accounts.							o public seating
							o a war memorial
							o floral planting
							o a flagpole
						~	Provision ofa refreshment kiosk, leased
							to a commercial provider which
							generates rent income.
						~	Maintenance of Rock Park Lodge,	a
							house in the park grounds that is let to
							a tenant and used by the Town Ranger
							team as a base.
						e	Hire of parkland areas for community
							and commercial events
Statement		confirming			Para 1.18	The	Trustee, in making decisions about
whether	the trustees		have			that, has had due regard to the Charity
had regard to the guidance						Commission's public benefit guidance		when
issued by		the Charity				exercising any powers or duties to which
Commission on public						the	guidance is relevant.
benefit

Additional	information (optional)	information (optional)
You ma choose to include		further statements	where relevant	about:
		SORP reference
Policy on	grant making.	Para 1.38	N/A
Policy on including	social investment program related	Para 1.38	N/A
investment

Contribution	Contribution	Contribution	made by	made by		Barnstaple in Bloom continue to take an
volunteers.					Para 1.38	active role in the development ofthe park
						this year and significant improvement has
						been made as they focus on different areas
						ofthe park.
Other						N/A
Achieve	m	e	nts	and Performance
					SORP reference
Summary		of	the	main		Rock Park was left in perpetuity as a
achievements			of	the charity,		Charitable Trust to the Mayor and
identifying		the difference the				Aldermen of Barnstaple Corporation, their
charity's work has made to the circumstances ofits beneficiaries and any wider benefits to society as a whole.					Para 1.20	heirs and successors, by William Rock. Today, the Park is owned by Barnstaple Town Council and managed by the Rock Park Trust Management Committee.
						Throughout 2022/23 Rock Park has been
						hired/used by the community for a variety
						ofdifferent activities/events —Barnstaple
						Marathon, the Race for Life, and regular
						events such as Parkrun, fitness classes
						and football matches.
						The Park is home to the war memorial and
						hosted the Act of Remembrance and
						Children's Remembrance Service in
						November.
						We in May hosted a Platinum Jubilee event
						run by the Local Lions Club and the fair
						returned, always a popular event.
						Routine maintenance and management of
						the park is carried out by the Town Council
						inhouse team throughout the year,
						including play area inspection / repairs,
						minor park furniture repairs, tree works, as
						well as grass cutting and pitch
						maintenance.
						During the year the Trust has:
						~ Resurfaced some ofthe footpaths.
						~ continued the use ofthe football
						pitches by two youth teams,

You ma	choose to include	choose to include	further statements	where relevant	about
Achievements objectives set		against	Para 1.41	Maintenance ofthe park continues to be undertaken by the Town Council inhouse
				team following	the withdrawal		from the
				grounds maintenance		contract	at the end of
				2020.
				More involvement by		volunteers has taken
				place with Barnstaple		in Bloom taking
				res onsibilit	for certain flower		beds.
Performance offundraising activities against objectives			Para 1.41	N/A
set
Investment performance against objectives			Para 1.41	NIA
Other				N/A

inanci	al Review	al Review	al Review
Review	ofthe charity's				Para 1.21	The trust has achieved		a sustainable
financial	position at		the end			financial position, it received an annual
ofthe period						grant from	Barnstaple	Town Council,		paid
						in two halves. This is		calculated by	the
						council to	ensure it covers the running
						costs ofthe park.
Statement		explaining	the		Para 1.22	The Trust	maintains a	level ofgeneral
policy for holding reserves						reserves that equates		to the running		costs
stating	why	they are	held			ofthe park	of between	four and six	months,
						which provides a significant period			for
						review should income		be delayed or		not
						realised.
Amount	of	reserves	held		Para 1.22	824,250
Reasons for holding			zero		Para 1.22	Earmarked	reserves are maintained		for
reserves						specific projects or for		unexpected	costs in
						risk areas	such as tree maintenance.			This
						approach	is reviewed	annually in
						considering	the annual	report and
						accounts.
Details	offund materially			in	Para 1.24	N/A
deficit
Explanation		of any			Para 1.23	N/A
uncertainties about			the
charity	continuing as a going
concern

You ma	choose to	choose to	choose to	choose to	include further statements	include further statements	where	relevant about
The charity's			principal				The	main sources of funding are
sources	of	funds		{including				Grant income from Barnstaple		Town
any fundraising)						Para 1.47		Council Rent income from Rock Park Lodge
								and the refreshment kiosk.
								Rental Income from Commercial
								activities, the fair and the inflatables
								provider.
								Other one-off grant applications
								Fees for the use offootball	itches
Investment			policy	and			N/A
objectives		including			any	Para 1.46
social investment				policy
adopted
A description risks facing			ofthe principal the charity			Para 1.46		Damage through vandalism assets.	of	park
								Excessive wear and tear to	play and
								other equipment.
								Injury Claims due to lack of
								inspection and maintenance.
								Loss oftree stock due to weather
								events or lack ofa planting
								programme.
Other							N/A

Description ofcharity's
trusts:
Type ofgoverning document		Para 1.25	Trust Deed
How is the charity		Para 1.25	Trust
constituted?
Trustee selection methods		Para 1.25	Barnstaple	Town Council (sole trustee) is
including details of any			the body corporate
constitutional provisions	e.g.
election to post or name	of
any person or body entitled
to appoint one or more
trustees
Additional information	(optional)
You ma choose to include further statements			where relevant about:
Policies and procedures adopted for the induction		Para 1.51
and training oftrustees
The charity's organisational structure and any wider		Para 1.51	N/A
network with which the
charity works
Relationship with any related parties		Para 1.51	N/A
Other			N/A

Charity	name	name		Rock Park Trust
Other name		the charity uses		N/A
Registered		charity	number	1154681
Charity's	principal		address	Barum House
				The Square
				Barn staple
				EX32BLS

Names oft	he charity trus	tees who manage	the charity
Trustee name		Office (ifany)	Dates acted ifnot for whole ear	Name ofperson (or body) entitled to a oint trustee ifan
Barnstaple	Town Council	Sole Trustee		Barnstaple Town Council

ame oftrustees holding	title to	property bel	onging to the	ch
Trustee name		Dates acted if	not for whole	ear
unds held as custodian		trustees	on behalf
Description ofthe assets		N/A
held in this capacity
Name and objects ofthe		N/A
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charity's objects
Details of arrangements	for	N/A
safe custody and
segregation ofsuch assets
from the charity's own
assets

Note 2				Accounting policies	Accounting policies
This standard list of		accounting policies has been applied by the charity except for				those deleted.		Where a different
or additional	policy has been adopted then thisis detailedin the box below.
INCOMING RESOURCES
Recognition	of incoming				These are included in the Statement of Financial Activities (SoFA) when:
resources					~ the charity becomes entitled to the resources;
					~ the trustees are virtually certain they will receive the	resources; and
					~ the monetary value can be measured with sufficient	reliability.
Incoming resources		with			Where incoming resources have related expenditure (as	with fundraising		or contract income)
related expenditure					the incoming resources and related expenditure are reported gross in the			SoFA.
Grants and donations					Grants and donations are only included in the SoFA when	the charity has		unconditional
					entitlement to the resources.
Tax reclaims	on donations				Incoming resources from tax reclaims are included in the	SoFA at the same time as the gift to
and gifts					which they relate.
Contractual	income and				This is only included in the SoFA once the related goods	or services have		been delivered.
performance	related	grants
Gifts in kind					Gifts in kind are accounted for at a reasonable estimate oftheir value to		the charity or the
					amount actually realised.
					Gifts in kind for sale or distribution are included in the accounts as gifts only when sold				or
					distributed by the charity.
					Gifts in kind for use by the charity are included in the SoFAas incoming		resources when
					receivable.
Donated services and					These are only included in incoming resources (with an equivalent amount			in resources
facilities					expended) where the benefit to the charity is reasonably	quantifiable, measurable and
					material. The value placed on these resources is the estimated value to			the charity ofthe
					service or facility received.
Volunteer help					The value ofany voluntary help received is not included in the accounts trustees' annual report.		but is described			in the
Investment income					This is included in the accounts when receivable.
Investment gains and			losses		This includes any gain or loss on the sale of investments	and any gain or		loss resulting	from
					revaluing investments to market value at the end ofthe year.
EXPENDITURE			AND LIABILITIES
Liability recognition					Liabilities are recognised as soon as there is a legal or constructive obligation committing						the
					charity to pay out resources.
					Where the charity gives a grant with conditions for its payment being a specific level of				service
					or output to be provided, such grants are only recognised	in the SoFA once the recipient				ofthe
					grant has provided the specified service or output.
Grants payable without					These are only recognised in the accounts when a commitment has been			made and there			are
performance	conditions				no conditions to be met relating to the grant which remain	in the control	ofthe charity.
ASSETS
Tangible fixed assets			for use		These are capitalised ifthey can be used for more than one year, and cost at least F500.						They
by charity					are valued at cost or a reasonable value on receipt.
Investments					Investments quoted on a recognised stock exchange are	valued at market value at the			year
					end. Other investment assets are included at trustees' best estimate of		market value.
Stocks and	work in progress				These are valued at the lower ofcost or market value.
POLICIES ADOPTED
ADDITIONAL			TO	OR
DIFFERENT FRONI			THOSE
			ABOVE

services pr appropriate	ovided by yo box(es).	ur indepe	ndent examiner orau	ditor. Ifnoth	ing was paid please	enter NONEin
					This year	Last year
					E
Independent accounts	examiner's	or auditors' fees for reporting		on the	125	125
Other fees	{forexample:	advice,	consultancy, accountancy
services) paid to the independent			examiner or auditor

Analysis ofdebtors	Analysis ofdebtors			Amounts within	falling due one year	Amounts more	falling due after than one year	falling due after than one year
				This year	Last year	This year		Last year
					f.
Trade debtors				225	225
Amounts due	from subsidiary	and associated
undertakings
Other debtors
Prepayments	and accrued income			1,972	616
			Total

				Amounts	falling due	falling due	Amounts	falling	falling	due after
				within	one	year	more	than	one year
				This year	Last year		This year		Last year
										f.
Loans and overdrafts
Trade creditors				963		2,756
Amounts	due to subsidiary	and associated
undertakings
Other creditors
Accruals	and deferred income
			Total